1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
Business or Entrepreneurial questions? BizWarriors is completely FREE - paid for by advertisers and donations. Click here to join today! You can now use your Facebook or Twitter account to regsiter or login. If you're new to the BizWarriors Forum, we highly recommend that you visit our Guide for New Members.

Forex Trading

Discussion in 'Investments' started by Twista Tom, May 15, 2015.

Share This Page

  1. Twista Tom

    Twista Tom Member

    66
    20
    8
    Hi
    I have about $2000 ideal money and I want to invest in Forex. My background is accounting,so I think I'll grow up my business with Forex.Is anyone here do Forex trading and earn money ? What do you think, how long does it takes to be an expert in Forex trading ?
     
  2. Mack T

    Mack T Member

    20
    6
    3
    Hi
    I do forex trading since 2011 and I am successful in my business. It's nice to know that your educational background is accounting. There is no doubt that you can prosper in forex trading. First thing is very important forex trading is choose the right broker. Another important thing is money management. So I suggest you to invest less amount of first. The more you trade the more you learn. babypips will help you learn more about forex. If you have any question feel free to contact with me.
     
  3. Dandelion

    Dandelion Member

    51
    10
    8
    Forex is a kind of complicated market as I know. You need to stick with all the latest news which is related to finance. Also take a deep eye war, crisis and disaster. I suggest you to experiment with different currency pair and observe yourself.
     
  4. Game Changer

    Game Changer Member

    28
    8
    8
    Hi, it's been a while we didn't know about your forex journey? Are you join the forex trading or invest to another business?
     
  5. Can anyone provide a list of recommended forums specific to Forex, anything beginner to expert?

    Thanks!
     
  6. Knight Rider

    Knight Rider Member

    13
    4
    3
    You can start with baby pics. You'll find thousands of resources there. As well as a wonderful forum.
     
  7. dyanmarie25

    dyanmarie25 Member

    540
    168
    43
    I have never tried FOREX trading before. I think it's pretty risky to invest all your money in them, specially if you aren't really that knowledgeable about finance and marketing. I think you should do a lot of research first before you verge into this kind of business. All the best!
     
  8. Luxury_Auto_Group

    Luxury_Auto_Group Member

    21
    10
    3
    Do we have anyone here who is trading full time? I follow quite a few people on IG now with my business acct. that are traders. I'd be interested in learning more about it.
     
  9. xeylonfm

    xeylonfm Member

    28
    14
    3
    In all business opportunities out there, I would bet to you friend that forex is the most dual-edge business that can either catapult you to great financial heights or sink you into a financial crisis you cannot imagine. And that’s why you need some very serious and robust knowhow of what happens in the forex realm. If there is a solid advice I can stand by, they are two:

    1) You must keep tabs with every other news around the world that affects money flow in any way. You must understand in what direction it shall send the trading spike. It’s very good if you know about this from prediction before it actually strikes. There are many tools that can help you in this regard.

    2) The second rule is that you MUST, I insist, you MUST practice in the DEMO account until you become a pro. This is very important and that’s the reason the demo account was created. Make sure you take your time and stay within a win margin in about 95% of your tries. This is when you can jump right into the live account.

    These may seem like very simple recommendations but I tell you what, over 95% of people who venture into forext always lose lots of money and get very frustrated. And by the way, always invest money you can afford to lose, don’t dive all, you may be in for a surprise. As you advance your skills, then you can augment your investment.


    If you don’t mind:-

    You can trade without all this hassle and with absolutely NO RISKS through crypto currency fund. There are ONLY TWO SOLID options, HERE and HERE! [All verified by Money News Online Inc.].
     
    Luxury_Auto_Group likes this.
  10. Nantchev

    Nantchev Member

    13
    2
    3
    Follow the rules, and the trend is your friend.
     
  11. ruener79

    ruener79 Member

    93
    31
    18
    If you haven't tried FOREX trading before, I think you have to study the platform first before putting in a substantial money. I believe most FOREX brokers have demo accounts where you can try out the platform and engage in trading real time without putting in money yet. I did try the demo accounts, and sadly I came to the conclusion that FOREX Trading isn't for me.
     
  12. Caitlin Rogers

    Caitlin Rogers Member

    14
    5
    3

    Hello, better do some online research about Forex trading. Research would really help you a lot. I do Forex Trading but this is just my secondary source of income and I do earn extra money. However, even though I was a trader for a longer months now still I have to consult some professionals with but I make sure that I am doing my part as a trader. --- Research and reading news.
     
    djbaxter likes this.

Share This Page

Loading...
Similar Threads - Forex Trading Forum Date
Looking for a good blog for Forex Trading Buy, Sell, Trade Jan 29, 2017
TRADING THE FOREX MARKETS ! Investments Aug 15, 2016
The Forex Market Investments Apr 10, 2016
Best Forex Broker? Investments Apr 17, 2015
Where to begin in forex...? Investments Feb 20, 2015